PYTH funding rates
PYTH perpetual funding is currently quoted across 7 venues, ranging from +0.3% to +40.1% APR. The most reliable delta-neutral pairing for PYTH right now is long Lighter / short Kraken at +17.5% net APR (high risk, ~3d to break even).
as of 2026-10-27 23:42 UTC
Best delta-neutral pairing
Long Lighter / Short Kraken
+17.5% net APR
- Backtested (30d)
- -16.8%
- Stability
- 45.8%
- Risk
- high
- Breakeven
- ~3d
Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.
Open this tradePYTH funding by exchange
| Exchange | Funding APR |
|---|---|
| Kraken | +40.09% |
| Hyperliquid | +10.95% |
| Variational | +10.95% |
| Lighter | +10.51% |
| Paradex | +7.25% |
| dYdX | +3.75% |
| Aster | +0.33% |
Frequently asked
What is the PYTH funding rate right now?
PYTH perpetual funding ranges from 0.33% to 40.09% APR across 7 exchanges we track; the widest delta-neutral spread is long Lighter / short Kraken at 17.5% net APR.
Which exchange has the highest PYTH funding rate?
Kraken currently has the highest at 40.09% APR. See the full ranking above.